Please note that only Initial release is 60% backed by gold which we control only part to update the certificate of the gold on monthly base for initial release of the coins
No one control any one wallets all the wallets control by the users as SGC server to not keep any private key in the server
I hope this clear on authority control the wallets expect the users and only initial release SGC updates the gold certificate so it’s completely decentralised system
yes nobody controls the wallet, how about the gold itself? what will happen if the team decides to sell the gold? will it affect the price, since the token is backed by gold?
Another thing is how about stability? since the team is only backing the first 60% token, the rest will be determined by the market. which will cause volatility, right?
then what will you do to keep it on the track and prevent the token from manipulation?
